Dealings in securities by a director of the company DISCOVERY LIMITED (Incorporated in the Republic of South Africa) (Registration number 1999/007789/06) JSE share code: DSY ISIN: ZAE000022331 (“the Company”) DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Herschel Mayers Company : Discovery Limited Date of transaction : 22 October 2015 Nature of transactions : On market sale of securities Class of securities : Ordinary shares Number of securities : 60,000 Selling price : R144.2515 per share Number of securities : 15,000 Selling price : R144.8113 per share Number of securities : 25,000 Selling price : R144.6675 per share Total value of transactions : R14,443,947.00 Nature of interest : Indirect beneficial Clearance obtained : Yes Date of transaction : 23 October 2015 Nature of transaction : On market sale of securities Class of securities : Ordinary shares Number of securities : 60,000 Selling price : R145.6590 per share Number of securities : 40,000 Selling price : R145.8223 per share Total value of transaction : R14,572,432.00 Nature of interest : Indirect beneficial Clearance obtained : Yes Date of transaction : 26 October 2015 Nature of transaction : On market sale of securities Class of securities : Ordinary shares Number of securities : 3,000 Selling price : R145.508 per share Number of securities : 27,000 Selling price : R147.8736 per share Number of securities : 30,000 Selling price : R148.4243 per share Total value of transaction : R8,881,840.20 Nature of interest : Indirect beneficial Clearance obtained : Yes Sandton 27 October 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27/10/2015 11:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.